- ADDRESS:
- 5947 SE 60th AVE Portland, OR 97206
- Videos:
- Virtual Tour Print this Listing
- Virtual Tour 2 Print this Listing
- Price:
- $1,789,900
- Units:
- 4
- Acres:
- 0.11
- Unit 1:
-
3 Bed
3.0 Bath
$2,275/mo
Features: Air Conditioning, Microwave, Range, Washer/Dryer Hookup - Unit 2:
-
3 Bed
3.0 Bath
$2,275/mo
Features: Air Conditioning, Microwave, Range, Washer/Dryer Hookup - Unit 3:
-
2 Bed
3.0 Bath
$1,875/mo
Features: Air Conditioning, Microwave, Range, Washer/Dryer Hookup - Unit 4:
-
2 Bed
3.0 Bath
$1,875/mo
Features: Air Conditioning, Microwave, Range, Washer/Dryer Hookup - MLS#:
- 560561230
- Lot Size:
- 3,000 to 4,999 SqFt
- Type:
- Multi
- Zone:
- R2.5
- Yr Built:
- 2025
- Taxe/yr:
- $0.00
- County:
- Multnomah
- Status:
- Active
- Levels:
- 2
- Heat:
- Mini Split
- Nhood/Bldg:
- WOODSTOCK
- Elem:
- Woodstock
- Middle:
- Lane
- High:
- Cleveland
- Lot Desc:
- Level
- Area:
- Portland Southeast
- Courtesy of:
- Keller Williams Realty Portland Premiere
- Remarks:
- New-construction fourplex investment opportunity located in Portland’s desirable Woodstock neighborhood, offering a strong combination of modern construction, efficient systems, and long-term rental appeal. Built by a local boutique builder, this property is designed for low-maintenance ownership and consistent tenant demand. The four attached homes range from approximately 972 to 1,294 square feet and offer a desirable unit mix of two 2-bedroom residences and two 3-bedroom residences. The larger homes feature three bedrooms upstairs with two full ensuite bathrooms, while all units include a half bathroom on the main level. A centrally located laundry area at the top of the stairs provides convenient access for tenants and supports functional, efficient layouts. Each residence offers a bright, open main level with high ceilings and ample natural light, enhancing livability and tenant satisfaction. Kitchens are built for durability and everyday use, featuring custom cabinetry, island with eat bar, stainless steel appliances, and tile backsplash. Every unit includes its own private, fenced patio or yard space, a highly attractive feature that helps differentiate the property within the rental market. Additional investment highlights include high-efficiency mini-split systems for heating and cooling, modern building standards, and thoughtful design choices that support reduced maintenance and long-term operational efficiency. The property is not a condo and has no HOA, allowing for simplified management and true fee-simple ownership. Located in the heart of Southeast Portland’s Woodstock neighborhood, the property benefits from strong rental demand driven by nearby dining, coffee shops, parks, and neighborhood amenities, making it well-positioned for long-term hold strategies, portfolio expansion, or 1031 exchange buyers seeking newer construction in an established submarket. An excellent opportunity for investors prioritizing new construction, efficient systems,